I don't know what the future is for the Place Plan/Profile/Cross Section Note tools are, but I am currently using them with text styles with background enabled. To look reasonable, I found I had to make the backgrounds big enough to overlap slightly. But I am also using a separator line. During placement, the dynamic display draws the text and then the lines, so the output is perfect. That is, until I data point and BAM, the line is now behind the text backgrounds. So I select the lines and use bring to front on them. Until I need to move them a little and then, BAM. The line is once again behind the text background.
We need a way to assign a priority, or draw order to these that is retained.